November 28th, 2012
01:04 PM ET
10 years ago
Leading House GOP figure's compromise plan gets shot down
Washington (CNN) - House Speaker John Boehner and other conservatives shot down a proposal from a senior congressional Republican who suggested that his GOP colleagues break from their firm anti-tax position and agree to a demand from Democrats to immediately renew middle class tax cuts.
Rep. Tom Cole of Oklahoma, a member of the leadership team that helps round up House votes, told fellow GOP lawmakers that he thought they should, as a matter of political strategy, extend just the tax-rate cuts for those making $250,000 or less before the end of the year - a position being pushed by President Barack Obama and congressional Democrats.
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Let Bush tax cuts expire, in 2013, Obama needs to introduce Middle Class American tax cuts. Let GOP oppose this. They get kicked out in 2014. End of the game–wise political move, nation benefits.
Boehner will always be remembered as the worst speaker of the house. Thanks to the man of orange, taxes will go up on everybody on January 1. Maybe that is the only way to get the wealthy to take on some responsibility, so that might not be all that bad. Because fiscal responsibility is more important than his treasonous pledge to Grover Norquist. The majority of Americans now know what the GOP has been doing for the last four years, and it is not a pretty sight.
Give me a break. That is Obama's plan if you could call it one. Raise taxes on everyone over $250K and work on reform later – another words do absolutely nothing to limit spending. Lets go off the cliff and see who gets hurt.
The Republicans just really do NOT care about anything the majority of the people of this country want. What a horrible place the U.S has become in the last 4 years. This country is loseing all creditability and respect. People are going to start a revolution and allot of dammage is going to happen because of the republican party. The POTUS told them last year not to call his bluff on this fiscal cliff issue and thats exactly what they are doing. Now we should just let it go over the cliff and we start over from there. The people better start voteing these obstructionist republicans out of office for good.They're very dammageing for the U.S. and the growth and prosperity.
The truth of the matter is Boehner, you and the Republicans are going to have to give in on some things. You may not like it, but that's too bad. Likewise, Democrats are also going to have to give in on some things. Both parties make all kinds of promises that you know eventually you won't be able to keep. Average Americans have had to make many tough financial decisions over the last couple of years – now it's your turn.
If both sides don't give in, they will have to deal with the American people.
The GOP is in a no-win situation here and they know. Ha Ha. And agreed @ Gurgyl, well played by Dems. Let the cuts expire.
just sayin wrote:
democrats controled the house and senate from 2006-2010. during that time, econom anked and spending and deficits skyrocketed. yes, the democrats are to blame. spending originates in the house and that was controlled by pelosi.
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No. Housing bubble began to burst in 2006. Construction began to slow in 2005 and crawled throughout 2006. The recession began in 2007 during the final fiscal year of GOP Congress. Besides, as you like to say, the POTUS signed off on all of it.
The econonmy didn't tank overnight. It tanked because that's how trickle down tax cuts always behave. Trickle down is also known as "boom then bust" economics, BTW. You always get a boom on Wall Street followed by a bust on Main Street. Happens every time.
Republicans don't want compromise because it take away their only talking point that they are better when it comes to the economy which means they really don't care if Americans suffer "collateral damage" . But hold up Republicans, there is a big problem with that because in 2016 we won't forget and if for one minute Republicans think they'll again blame Obama for the economy, again we will hold them responsible and vote them down and out. We aren't stupid and the sooner Republicans learn that, the better off we will all be. COMPROMISE OR PAY IN 2016.
The way GOPers are talking, one would think that as a nation we are still in 2008 election mode (let alone having just gotten beyond the 2012 election). Guess they slept through the Nov. 6, 2012 election and exit polling showing what Americans really want, and why. No more one term President for YOU Mitch McConnell.
Oh well. Looks like Democrats will be taking back the House and keeping the Senate in 2014.
Advice to 112th congress
“Extend just the tax-rate cuts for those making $250,000 or less before the end of the year” pass this bill in congress first
Then negotiate tax reform and entailment reform
Small Business and retailers will get energize
I do not believe Boehner and his fellow republicans are going to stick to their guns up to the end. They are just buying time and will agree at the last hour, and tell their people we have failed but we tried. Letting taxes rise to everyone is totally political suicidal which they can not afford to see it happens. They like very much to keep their jobs.
Best thing 4 moderate republicans 2 do 2 send a message 2 their party is go the way of allen spector. Flip the party and control of house 2 get anything big done. When i dream i dream big! LMAO
Copngress is totally worthless.
Can anyone tell me how the democrats were obstructed on the issues while they controlled the house, the senate and the Presidency? But then again taking responsibility hasn't existed in Democratic thought since the ??? 1960's...Oh wait...Obama took resp for killing UBL...Oh wait, Bush CT policies and the military did that... I guess we really can blame Bush for everything that got us here.
This is a litmus test for me. If the Republicans refuse to agree to keeping the lower tax rates for those under $250k, something already past the Senate, they only refuse so they can hold Americans hostage and get a sweet deal for the rich. If they're willing to hold 90% of Americans hostage it's clear they only represent the top 10% – something we all know to be true. Republicans will be absolutely trashed in the 2014 mid-term election!